The consumption voucher scheme, launched by the Hong Kong Government in an effort to boost the economy, opened for registration on 4 July 2021. The Consumer Council reminds citizens in selecting their preferred Stored Value Facility (SVF), to carefully consider the service coverage and terms and conditions of use of each option, and to assess whether it suits their personal payment habits.
Currently the 4 designated SVFs and participating traders have all launched various offers and promotions, easily luring consumers into impulsive decisions. The Council reminds consumers that the key is to take note of the registration deadline. With this in mind, consumers should then select the most suitable SVF by carefully comparing the advantages and restrictions of each SVF, and by perusing the terms and conditions of their favoured products’ promotional offers before registering.